ADOBI Financial

08/01/2025

https://www.linkedin.com/pulse/start-new-year-taking-control-your-finances-you-paying-johnstone-sjezc

As we step into a new year, it's the perfect time to review your finances and make sure you're on track to achieve your financial goals. One critical area to focus on is your credit card debt.

01/12/2024

CoreLogic’s national Home Value Index (HVI) recorded a 0.3% rise in October, the 21st month of growth since the cycle commenced in February last year

01/12/2024

Congratulations! You’ve found the property you want, and now it’s time to arrange your home loan. Congratulations! You’ve found the property you want, and now it’s time to arrange your home loan. One choice you might have to make is whether to take a loan with an offset account or a redraw...

06/10/2024

Guys, I don’t normally do posts like this, but when some banks have been increasing the rate for
existing clients while new clients are offered a very different rate, that doesn’t sit well with me.
And when trying to renegotiate on behalf of clients, some lenders (crazily) would rather lose a
client than be more competitive. With some lenders having multi-billion dollar profits, they're
clearly pocketing the difference of the clients who are showing them loyalty. It’s time to do
something about this because if you haven’t had your loan reassessed in the last 2 years, you
may be overpaying. PM me and I’ll do a quick review for you so we can take the bank profits
and put them back where they belong.

24/09/2024

RBA UPDATE | Effective September 25, 2024

The official cash rate will remain on hold at 4.35% for the seventh consecutive time after today’s board meeting. However, the Australian Broker reports that “anticipation is building for a rate cut this side of Christmas as several key economic indicators point towards a struggling economy.”

Given the ongoing cost of living concerns for Australians, new data from Finder has shown that millions of homeowners are experiencing significant financials stress, with 40% reporting they will struggle to pay their home loan this month

The Australian Broker has written: “The average Australian has $39,407 in cash savings in September, according to Finder’s Consumer Sentiment Tracker. However, the nation’s big savers are clearly pulling up the national average, with 40% of Aussies having less than $1,000 in their savings account.”

While the ASX expects to see four rate cuts in 2025, some banks are claiming that the Reserve Bank of Australia (RBA) will lower the cash rate before the new year, in November 2024.

If you have concerns with your current situation, or simply want to find out if your existing home loan still meets your needs, get in touch with us at Adobi Mortgage Solutions. We are there to assist you in getting a loan that is competitive, offer choice, negotiate product features on your behalf and always act in your best interest.

12/07/2024

For the first time in more than 30 years, the profit from business lending is outstripping mortgages. The reason lies in the rise of mortgage brokers.

12/07/2024